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What is the sentiment that everyone else is saying? That I won't make it as a trader? How can you possibly know whether or not I will make it as a trader. That's like saying you know google is going to go up 20 points tomorrow. You have no idea. I don't give up simply because people tell...

I do have all the answers. The answers are all inside of me I just have to look inside, pull them out and put htem to use. I know what my problem is: I fail to cut losses short. I made progress on that today and did quite well. I cut a loss at $125 and let a profit ride for $800. Every day...

But these guys are not real traders. One guy here is sitting on 200k too scared to trade. The other is probably still in high school and like to watch the markets and has the gall to offer me advice and, even further, to criticize what I've done with my account? scalping for pennies is not...

I'm sorry my friend but you are completely wrong here. Not even the smartest professional trader in the world "knows" what is going to happen. Every trader on the planet is placing a bet based on his/her ideas or on a proprietary model of market behaviour. There is no trader on the face of...

This topic is debatable. You can know everything you can about the markets but if you don't have the balls to pull the trigger, then you are useless. George soros, in an interview, once characterized his partner, Jim Rogers, as the idea guy and himself as the trigger puller. After he...

I don't normally respond to brokerboys but I'll make an exception here. I am as smart and capable as any other person out there. I'm not saying I'll be big because I lost. I'm saying I'll be big because I will not give up; ever!!! Being able to take a loss and still continue is a very...

I can devise mathematical models that work well on paper too. Guess what? If you don't have the balls to pull the trigger, YOU DON"T BELONG IN THIS GAME. Just something to think about for Mowery and his buddy TraderDragon.

That was a great post. Thanks. I suppose part of the reason why I am not that bummed out is that I do believe that I can make it back. I can relate completely with Linda Rasche. Thanks

I am now convinced that you do not get it and probably never will. the 400% was an arbitrary number. the point is that i do not allow myself to be bound by anything. Maybe 400% will never happen...but i leave myself open to the possibility nonetheless

Thanks a lot Dan. People who haven't traded, like Mowery, have no idea what trading is all about. They've never taken a significant loss and so they really don't know what it means to be a trader. If your experience as a trader is GREEN GREEN GREEN with no RED, then you do not know what it is...

I go in and get out by the end of the day. The volatility today is astounding actually. Must be FOMC tommorrow

I never did take mowery seriously. He has no conception of what trading is

You aren't a trader. You're a reader. go read a few more books....lol

Thank you so much for that. Here is my philosophy on life: there is nothing I am incapable of; there's nothing I can't have if I want it badly enough. Now suppose that I am wrong; that there are limits, caps to my success. If my cap is 400% a month then I will come close to that number in...

I'm open to comments that are helpful but will not accept your contention that I am doomed to failure. telling me that is not helpful at all. Thanks for trying to help me. I appreciate your efforts, I really do.

sit tight on your $200k. That'll get you far. At least I have the balls to have an idea and put my money on the line to support it. If you don't have risk-taking tendencies then you don't belong in this game. i advise you to take that $200k and open a pizza shop or something. Then you...

So your secret to success in trading is reading a lot of books. I gotcha...lol You probably never traded in your life before. To be a trader is to be a gambler. Every trade you make comes with the possibility of loss no matter what your strategy is. So yes I'd have to agree that I am a...

20-50% a year is not enough for a trader trading less than a million dollar account. You seem to be bound by what hedge fund managers can do with their multi billion dollar accounts. I never understood why people allow themselves to be bound by anything. You call it realism I call it slavery...

look man, I don't know what your problem is but you clearly have an axe to grind with me. The goal is to become a consistently profitable trader. That's it. If I become a millionaire as a result than I will thank god and be happy. But I really just want to be consistently profitable. I just...

For someone who expects $363 a day with a $200,000 account. Yes I'd say it is unreasonable. But don't forget....I'm not you...